International Container Terminal Services Inc (ICTSI) has finished expanding its Manila boxship terminal by about 10% as containership rates are booming.

ICTSI has boosted Manila International Container Terminal's (MICT) annual capacity by 350,000 teu to 3.3m teu, by adding 150 metres to one berth to create a 600-metre contiguous quay that can handle 8,000-teu ships and bigger.

The two berths, which have five quay cranes with room for one more, have been given an additional 5.5